"Bundling" insurance is when you get a discount for buying two or more types of insurance from the same company. This is commonly referred to as a "multi-line" or "multi-policy" discount. Bundling your home and auto insurance is one of the most common ways to save money. Most insurers offer a discount for bundling auto with home or renters insurance, and often you can also bundle boat, RV, motorcycle and even life insurance.

On average, those who bundle auto and home insurance can save $235 a year on premiums, according to Consumer Reports.

Compare: Cheap car insurance

Pros & cons of bundling home and auto insurance

Pros Cons
  • One of the biggest discounts available, anywhere from 5% to 25%
  • Convenience: Both your home and auto insurance will be on the same bill
  • Leniency: If you cause an auto accident or get moving violations, such as speeding tickets, your insurer might be less likely to drop your auto coverage if you have a homeowners policy with them.
  • May not always be the cheapest: You may find it's cheaper to buy auto and home insurance from separate companies. It's smart to get quotes from several insurers.
  • Coverage types and discounts vary by insurer. You may not find all of the coverage types and discounts you want from the same company.

Below are bundling discounts offered by some of the largest insurers. An insurance agent can give you quotes for a bundled policy and tell you what coverage types are eligible for the discount.

Discounts for bundling home and auto insurance

Allstate Up to 10% on auto insurance, up to 25% on homeowners insurance
The Hartford Up to 5% on auto insurance, up to 20% on homeowners, renters or condo insurance
Progressive 5% or more on auto insurance
Travelers Up to 15%
State Farm Up to 17% if you bundle homeowners, renters, condo or life insurance

Policies that can be bundled

If you don't have homeowners insurance, you may be able to bundle your auto insurance with: